Quote:
Originally Posted by Peaches
Giving the money to the people doesn't help the banks afford more loans and very few people have the ability to purchase houses and cars and pay tuition with cash, even if they were given their "portion" of the bailout.
|
That's the problem though. You can give all of the money in the world to the banks, but that won't help anyone get loans. Everyone is upside down on their mortgages and owes more money on their houses than it's worth by hundreds of thousands of dollars. No bank in their right fucking mind is going to give them a loan!
All this is gonna do is bail out the banks. It's not going to fix the problem for someone who owes $600k on a house now worth $200k.